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In response to MiTAC’s transition strategy and enhancing the Group’s core competence, on April 8 2013, the Board of Directors of MiTAC International Corp. agreed to form a stockholding company, MiTAC Holdings Corporation (MHC) through a stock swap from MiTAC International Corp.. This proposal was approved by the share holders’ meeting of MiTAC International Corp. on June 24th. Following the completion of stock swap process and official government approvals, MHC was established on September 12 and listed and traded on Taiwan Stock Exchange.